Calgary Real Estate Board Market Report: July 2026 Shows Continued Buyer Favorability

Calgary Real Estate Board — July 2026

In July 2026, the Calgary real estate market sees a composite benchmark price of $569,200, reflecting an 18.0% decrease year-over-year. Total sales decline to 70 units, with active listings at 1,012, indicating a shift towards a buyer's market.

Market Analysis

The Calgary real estate market continues to experience a slowdown in activity as the second half of 2026 unfolds. Total sales in July drop significantly by 15.0% compared to the previous year, with only 70 transactions recorded. This decline in sales, coupled with a stable inventory of 1,012 active listings, results in a months of inventory figure of 14.5, indicating a clear buyer's market. The sales-to-new-listings ratio stands at 60.0%, suggesting that while sales are down, the market is still absorbing some new inventory, albeit at a slower pace than in previous months.

Property Type Analysis

The breakdown of property types reveals that the detached market maintains a benchmark price of $659,400, although specific sales figures are not available. The attached and apartment sectors show a lack of reported benchmarks and sales, highlighting a potential gap in market activity for these property types. The overall decline in prices, particularly in the apartment segment, reflects ongoing challenges with oversupply, especially in higher-density housing.

Regional Highlights

Regionally, the market dynamics vary significantly across different districts. The North East District is experiencing the highest months of supply, indicating a more pronounced buyer's market in that area. Conversely, the West District shows tighter conditions, with inventory levels remaining lower, suggesting a more competitive environment for buyers in that region.

For Buyers

For buyers, this is an opportune time to enter the market, given the favorable conditions and lower benchmark prices. With a significant number of active listings available, buyers have a wider selection to choose from, allowing for potential negotiation on price and terms.

For Sellers

Sellers should be aware of the current market conditions and adjust their expectations accordingly. With the market favoring buyers, it is crucial to price properties competitively and ensure they are presented well to attract interest in a slower sales environment.